Gorman-Rupp (GRC) Reports Q1 EPS of $0.28

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Gorman-Rupp Reports First Quarter Financial Results

April 25, 2019 6:45 AM EDT

MANSFIELD, Ohio--(BUSINESS WIRE)-- The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Highlights

First quarter earnings per share were $0.28 compared to $0.37 per share for the first quarter of 2018 Net sales increased 0.3% or $0.3 million compared to the first quarter of 2018 Incoming orders increased 9.8% compared to the fourth quarter of 2018

Net sales for the first quarter of 2019 were $96.9 million compared to $96.6 million for the first quarter of 2018, an increase of 0.3% or $0.3... More